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Lease Addendum (2)
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12. December
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2024-12-03 10:00 AM - Commissioners' Agenda
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Lease Addendum (2)
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Last modified
12/11/2024 1:57:53 PM
Creation date
12/11/2024 1:57:47 PM
Metadata
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Template:
Meeting
Date
12/3/2024
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Fully Executed Version
Supplemental fields
Item
Request to Approve an Amendment to a Lease with Chris Pratz for Lot H-37 within the Aeronautical Area of Bowers Field
Order
10
Placement
Consent Agenda
Row ID
124784
Type
Resolution
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LOT H-37 Rate -.15 Acres (6.340.20 square feet) <br />c The current Leasehold Excise Tax is 12.84%, as determined by the State of llashington and is subject to change. <br />2) ttPrragraph #3 - Rental Rate Adjustment" - will read as follows: <br />On or before February I't of the fifth year, the yearly Lease rate shall be increased by eight <br />percent (8o/o) every five years as a set Lease increase and continue with said increase every five years <br />through the Lease term. <br />IN WITNESS WHEREOF, the Lessor and Lessee have signed their names and affixed their seals <br />the day and year first above written. <br />LESSOR: <br />BOARD OF COUNTY SIONERS <br />ASHINGTON <br />Chairman <br />Julie Kjorsvik <br />k of the Board- Mandy Buchholz <br />LESSEE: <br />TERM Previous Rate Per Year ($.122 <br />per Sq. Ft.) <br />Current Rental Rate <br />($.13 per Sq. r't.) <br />Not including Leasehold Tax* <br />$772.69 <br />02 I 0t I 2024 - 0t t3r 1202s $824.23 <br />02 / 0t I 2025 - 0t l3t 12026 $824.23 <br />02 I 0t I 2026 - 0t I 3t t2027 s824.23 <br />02 / 0t I 2027 - 0t I 3t t2028 8824.23 <br />02 I 0t /2028 - 0t I 3t t2029 $824.23 <br />02t01t2029 Renegotiate <br />Lease Addendum (2) - ChisPratz <br />- Chris <br />lssloner
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